On May 16, 2013, the CFTC adopted final rules relating to the registration and operation of swap execution facilities, the Dodd Frank Act’s mandatory trade execution requirement and the...

Yesterday, the CFTC’s Division of Clearing and Risk issued a no-action letter providing a clearing exception to “treasury affiliates” of commercial swap end-users, subject to specif...

Commissioner Gallagher recently lamented that the SEC has played a “significant role” in the rising influence of proxy advisory firms and the increasing willingness of investors to re...

Court of Final Appeal decision endorses representative securities claims brought by the SFC to compensate aggrieved investors Litigation to compensate investors for alleged breaches of se...

The Alternative Investment Fund Managers Directive (the Directive) entered into force on July 21, 2011 with E.U. Member States (Member States) having until July 22, 2013 to implement it. ...

In the past month, no rulemaking requirements were due, no unmet rulemaking requirements were finalized and one rulemaking requirement was proposed. Although the CFTC released final rule...

While we wait for the SEC to act on the Dodd-Frank mandate on recoupment of executive compensation, Walmart will be facing an unusual shareholder proposal on the topic this coming week. T...

In a recent, landmark Delaware decision in In re MFW Shareholders Litigation, C.A. No. 6566-CS (Del. Ch. May 29, 2013), Chancellor Leo E. Strine, Jr. answered a frequently debated (but un...

On May 30 the staff of the Securities and Exchange Commission issued interpretive guidance on the SEC’s new conflict minerals rules. The guidance, which is consistent with the discussio...

The recent PCAOB reproposed auditing standards on related parties and significant unusual transactions also include a modification to Auditing Standard No. 12, Identifying and Assessing R...